{"id":13852,"date":"2022-12-01T15:21:00","date_gmt":"2022-12-01T20:21:00","guid":{"rendered":"https:\/\/www.sage.com\/en-us\/blog\/?p=13852"},"modified":"2025-01-13T06:52:34","modified_gmt":"2025-01-13T11:52:34","slug":"why-financial-planning-is-important-for-saas-cfos-during-a-market-downturn","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-us\/blog\/why-financial-planning-is-important-for-saas-cfos-during-a-market-downturn\/","title":{"rendered":"Why financial planning is important for SaaS CFOs during a market downturn"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/category\/money-matters\/\" class=\"entry-header__link\">Money Matters<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tWhy financial planning is important for SaaS CFOs during a market downturn\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2022-12-01T15:21:00-05:00\">December 1, 2022<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"Why financial planning is important for SaaS CFOs during a market downturn\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-us\/blog\/why-financial-planning-is-important-for-saas-cfos-during-a-market-downturn\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n\t<\/header>\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-us\/blog\/author\/david-appel-feyikemi-oniyitan\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/11\/David20and20Fey20HubSpot-350x350.png\" class=\"entry-author__image\" alt=\"David Appel &amp; Feyikemi Oniyitan\" \/>\t\t\t\t<span class=\"entry-author__name\">David Appel &amp; Feyikemi Oniyitan<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p>Financial planning can feel like spinning plates on sticks even during the best market conditions. There\u2019s so much to keep up in the air, and if things fall, they certainly won\u2019t fall gently. And when the markets turn against you during a recession, this feeling of fragility and anxiety can get even worse.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-to-perform-a-financial-plan-for-saas\">How to perform a financial plan for SaaS<\/h3>\n\n\n\n<p>As a SaaS CFO, financial planning and maintaining your company\u2019s financial momentum despite poor economic conditions is a tall order. But this post should leave you better informed on important topics that can help you make that a reality. Do you know how to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: bold;\">Make picture-perfect hiring calls:<\/span> Hiring employees for your SaaS company during a downturn doesn\u2019t have to be complicated. Cloud-based accounting methods can help you obtain clarity, <a href=\"\/blog\/how-saas-cfos-can-spend-intelligently-in-rough-markets\" target=\"_blank\" rel=\"noopener\">spend intelligently<\/a>, and enjoy vital peace of mind about your hiring decisions.<\/li>\n\n\n\n<li><strong>Keep yourself from over-correcting:<\/strong> Finance leaders sometimes sway too far in one direction or the other in their decision-making during recessions. When financial planning, some CFOs may get locked into rigid financial conservatism, while others double down on aggressive profit-driving attempts. Automation can show you where you stand financially, so you stay balanced.<\/li>\n\n\n\n<li>Run in-depth risk and benefit calculations: Modern accounting software can help you get a granular view of the present and likely future performance of your services and products, including budget versus actuals. What\u2019s working and what\u2019s not? When the markets go sour, having a way to seamlessly access this info can save finance teams significant amounts of time and money.<\/li>\n<\/ul>\n\n\n\n<p>So without further ado, let\u2019s get into some concrete steps you can take \u2013 <a href=\"\/blog\/how-to-use-saas-kpis-to-survive-a-market-downturn\" target=\"_blank\" rel=\"noopener\">using SaaS KPIs<\/a> \u2013 to help your company secure and maintain a strong market position despite the downturn.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-how-to-hire-employees-during-a-downturn-for-saas-best-practices\">How to hire employees during a downturn for SaaS: Best practices<\/h3>\n\n\n\n<p>When things start to slow down with the broader economy, it can be tempting to try to solve the problem with aggressive hiring measures. After all, more staffing must inherently produce more results, right?<\/p>\n\n\n\n<p>Not necessarily. Rushed or aimless hiring can stretch your resources dangerously thin during a time when you need to act with more forethought and care.<\/p>\n\n\n\n<p>Adopting automated accounting software will allow you to hire with precision so that you don\u2019t waste funds by overstaffing. You also avoid being too conservative and lacking the necessary human capital to achieve your desired outcomes.<\/p>\n\n\n\n<p>During a market downturn, financial planning is important because it can help you:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Be extremely specific about your goals:<\/strong> For optimal SaaS recession hiring, you should be 100% clear about the nature of the role(s) you\u2019re trying to fill. With automated forecasting, you can make pinpoint projections to guide your decisions. We mentioned before that many companies hire blindly. In contrast, think of automation as hiring through a microscopic lens.<\/li>\n\n\n\n<li><strong>Know your results ahead of time:<\/strong> Goal specificity is essential when hiring new employees. But automated accounting software allows you to go further and make detailed \u201cif-then\u201d forecasts for all hiring scenarios. Sage can help you remove almost every ounce of uncertainty from the hiring process.<\/li>\n\n\n\n<li><strong>Get a well-rounded view:<\/strong> Consulting other members of your company\u2019s leadership is always a solid idea before committing to any hiring decisions. They\u2019ll be able to fill you in on potential staffing shortages you might not be aware of and give you a fresh perspective on the best path forward for new hires. Your company\u2019s CMO, VP of Sales, and others in leadership roles would be well worth speaking to.<\/li>\n\n\n\n<li><span style=\"font-weight: bold;\">Watch your KPIs:<\/span> Monitoring your metrics is also an excellent way to round out your hiring view: Sage can give you a detailed <a href=\"https:\/\/www.sage.com\/en-us\/blog\/predictive-kpis-for-saas-companies\/\n\">automated KPI reading<\/a> almost instantly.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1440\" height=\"655\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/image-2-1440x655.png\" alt=\"\" class=\"wp-image-27482\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/image-2-1440x655.png 1440w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/image-2-768x349.png 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/image-2-1536x699.png 1536w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/12\/image-2.png 1600w\" sizes=\"auto, (max-width: 1440px) 100vw, 1440px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>There\u2019s more to recession <a href=\"https:\/\/www.sage.com\/en-us\/blog\/\n\" target=\"_blank\" rel=\"noopener\">financial planning and analysis (FP&amp;A)<\/a> than hiring, though. Let\u2019s move on to some of the internal best practices you should consider.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-be-honest-with-yourself-and-your-team\">Be honest with yourself (and your team)<\/h3>\n\n\n\n<p>One of the hardest lessons to learn in business is that sometimes you have to let ideas go. Not every brainchild that gets an official rollout is going to be a star, and many won\u2019t even come close.<\/p>\n\n\n\n<p>For SaaS CFOs, knowing <a href=\"\/blog\/financial-planning-and-analysis-fpa-strategies-for-saas-cfos-during-a-recession\" target=\"_blank\" rel=\"noopener\">when to pull the plug<\/a> on certain product and service offerings can make all the difference. During a recession, maximizing the effectiveness of your resources becomes extraordinarily important. A significant portion of that involves realizing when it\u2019s time to stop throwing good money after bad.<\/p>\n\n\n\n<p>Financial planning in a recession<\/p>\n\n\n\n<p>Here are a few useful guide posts to follow in your recession FP&amp;A decision-making:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The 25% rule:<\/strong> If a product or service rollout has taken 25% longer than initially predicted or exceeded your budget by 25%, it\u2019s probably time to call it quits. Also, note that the percentage points with this rule aren\u2019t set in stone. Some SaaS CFOs are more conservative and might end things at the 15% mark or be more forgiving and go to 30%.<\/li>\n\n\n\n<li><strong>Your customers aren\u2019t enthralled:<\/strong> In some ways, customer satisfaction is pretty straightforward. People are buying, or they aren\u2019t. But in another sense, it\u2019s a bit more complex. With a recent rollout, how much time do you give a product or service to improve its performance? Accounting automation can help you run in-depth forecasting scenarios to remove the guesswork from questions like this.<\/li>\n<\/ul>\n\n\n\n<p>Let\u2019s take a closer look at why forward-thinking SaaS CFOs are leveraging automation to help them optimize their recession FP&amp;A.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-rough-markets-automation-can-help\">Rough markets? Automation can help<\/h3>\n\n\n\n<p>A cloud-based accounting suite can turn a disorganized, manually run finance department into a streamlined operation virtually overnight. Especially when broader market conditions start to get a little turbulent, SaaS accounting leaders are turning to an automated approach:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: bold;\">It\u2019s eminently scalable:<\/span> Accounting automation allows your finance operations to <a href=\"https:\/\/www.cfodive.com\/news\/saas-financial-planning-analysis-John-Bonney-Harness\/579153\/\" target=\"_blank\" rel=\"noopener\">easily scale<\/a> at the same pace as your company\u2019s growth. Any disunity between those two can result in significant operational complications that are best avoided at all costs.<\/li>\n\n\n\n<li><strong>Everything leaders need on one screen:<\/strong> Role-based dashboards allow SaaS CFOs, Controllers, and other finance leaders to get a consolidated view of all the data they need for their respective roles. When the markets turn against you, you can\u2019t afford to waste time and money tracking down all the info you need.<\/li>\n<\/ul>\n\n\n\n<p>Looking for ways to thrive during the recession? Accounting automation is your best path forward.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-restore-your-saas-fp-amp-a-confidence-with-sage-intacct\">Restore your SaaS FP&amp;A confidence with Sage Intacct<\/h3>\n\n\n\n<p>Has the recession put you on your back foot recently? We can help you regain your confidence and start making considerable strides forward with dynamic reporting and financial planning capabilities \u2013 made specifically to handle the increasingly important needs of FP&amp;A professionals.<\/p>\n\n\n\n<p>See how our <a href=\"https:\/\/www.sage.com\/en-us\/sage-business-cloud\/intacct\/industry\/subscription-saas\/saas-metrics\/\n\" target=\"_blank\" rel=\"noopener\">SaaS metric and subscription analytics software<\/a> is changing the game for accounting departments.<\/p>\n\n\n<div class=\"single-cta\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Subscribe to our Sage Advice Newsletter<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p>Get our latest business advice delivered directly to your inbox.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-ab515c6e-7e90-4c2f-a67e-113872516e8b\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Subscribe<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"810\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg\" class=\"single-cta__image\" alt=\"Working from home with tea in hand\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1073797282-1440x810.jpg 1440w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n<section class=\"more-topics alignfull has-grey-light-background-color wp-block-sage-post-topics\">\n\t<div class=\"container\">\n\t\t<div class=\"row\">\n\t\t\t<div class=\"col col-12 col-lg-4\">\n\t\t\t\t<h3 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class=\"post-tags__item\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-us\/blog\/hub\/hr-payroll\/\" class=\"post-tags__link button button--secondary\">\n\t\t\t\t\t\t\t\tHR and Payroll\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t<\/ul>\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/section>\n\n<div class=\"alignfull wp-block-sage-related-posts\">\n\t<section class=\"related-posts card-grid has-dark-background-color\">\n\t<div class=\"container\">\n\t\t\t\t\t<div class=\"row\">\n\t\t\t\t<div class=\"col\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--featured h1\">Explore more wisdom<\/h2>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\n\t\t\t<div class=\"row related-posts__featured\">\n\t\t\t\t<div class=\"col card-grid__item\">\n\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-0 post-29487 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 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Understanding the difference between notes payable and accounts payable is key to effectively managing what your business owes. \t\t\t<\/p>\n\t\t\n\t\t\t<\/div>\n\n\t<\/article>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t<div class=\"row related-posts__non-featured\">\n\t\t\t\t<div class=\"col col-12\">\n\t\t\t\t\t<h2 class=\"related-posts__heading related-posts__heading--more h4\">More on this Topic<\/h2>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-1 post-29712 post type-post status-publish format-standard has-post-thumbnail hentry category-strategy-legal-operations category-trends-insights tag-accounting-101 tag-boss-your-business tag-business-intelligence tag-business-strategy tag-cash-flow tag-productivity tag-small-business tag-starting-a-business business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/accounts-payable-outsourcing\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-549776535-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-549776535-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-549776535-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-549776535-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-05-22T10:58:35-04:00\">May 22, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">14 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tIs accounts payable outsourcing right for your business?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-2 post-36557 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters category-strategy-legal-operations tag-accounting-101 tag-boss-your-business tag-business-strategy tag-cash-flow tag-cloud-financial-management tag-cloud-technology tag-growing-a-business tag-sage-accounting tag-small-business tag-starting-a-business tag-technology business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/cloud-vs-desktop-accounting\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1338373163-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-05-20T07:46:54-04:00\">May 20, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tCloud versus desktop accounting: Which is right for you?\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-3 post-36506 post type-post status-publish format-standard has-post-thumbnail hentry category-construction category-money-matters tag-accounting-101 tag-construction tag-construction-financial-management tag-construction-it tag-growing-a-business tag-staying-competitive business_type-small-business business_type-growing-business industry-construction-and-real-estate\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/property-management-guide\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/08\/Mar2025_Construction-Commerical_0503-684x384.jpeg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/08\/Mar2025_Construction-Commerical_0503-684x384.jpeg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/08\/Mar2025_Construction-Commerical_0503-768x512.jpeg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2025\/08\/Mar2025_Construction-Commerical_0503-1214x810.jpeg 1214w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-05-11T06:24:40-04:00\">May 11, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">12 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tProperty management accounting basics and best practices\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t<div class=\"col col-6 col-lg-3 card-grid__item\">\n\t\t\t\t\t\t<article\n\t\tclass=\"card-post related-post related-post-4 post-36492 post type-post status-publish format-standard has-post-thumbnail hentry category-money-matters tag-accounting-101 tag-boss-your-business tag-growing-a-business tag-starting-a-business business_type-small-business business_type-growing-business\"\n>\n\t\t\t<a\n\t\t\tclass=\"card-post__link\"\n\t\t\thref=\"https:\/\/www.sage.com\/en-us\/blog\/continuous-accounting\/\"\n\t\t\t\t\t>\n\t\t\t<figure class=\"card-post__media\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"684\" height=\"384\" src=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1417607997-684x384.jpg\" class=\"card-post__image\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1417607997-684x384.jpg 684w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1417607997-768x512.jpg 768w, https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2023\/09\/GettyImages-1417607997-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 250px, (min-width: 30em) 100vw, 100vw\" \/>\t\t\t\n\t\t\t\n\t\t\t\t\t<\/figure>\n\n\t\t\n\t\t\t\t\t<div class=\"card-post__meta\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2026-05-07T04:51:01-04:00\">May 7, 2026<\/time><\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"card-post__meta-text\"><span class=\"reading-time\">9 min read<\/span><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\n\t\t<p class=\"card-post__title h5\">\n\t\t\tContinuous accounting: What it is and why it matters\t\t<\/p>\n\n\t\t\t<\/a>\n\t\n\t\n\t\t\n\t\n\t<\/article>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial planning can feel like spinning plates on sticks even during the best market conditions. There\u2019s so much to keep up in the air, and if things fall, they certainly won\u2019t fall gently. And when the markets turn against you during a recession, this feeling of fragility and anxiety can get even worse. How to [&hellip;]<\/p>\n","protected":false},"author":1606,"featured_media":9108,"menu_order":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"sage_hide_published_date":false,"sage_hide_read_time":false,"sage_hide_share_buttons":false,"footnotes":""},"categories":[43,47,49],"tags":[2,110,284,17],"business_type":[40,312,41],"lilypad":[],"context":[418,449],"industry":[411,450],"persona":[150,100,96,97,95],"imagine_tag":[444,447,233,231],"coauthors":[615],"class_list":["post-13852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters","category-people-leadership","category-trends-insights","tag-accountants","tag-accounting-101","tag-hiring","tag-hr-payroll","business_type-small-business","business_type-accountants","business_type-growing-business","industry-human-resources","industry-software-saas"],"sage_meta":{"region":"en-us","author_name":"David Appel &#38; Feyikemi Oniyitan","featured_image":"https:\/\/www.sage.com\/en-us\/blog\/wp-content\/uploads\/sites\/2\/2022\/04\/GettyImages-1291536372.jpg","imagine_tags":{"444":"Intacct Medium Business","447":"Intacct Startup","233":"Medium Businesses","231":"Start up business"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice US","distributor_original_site_url":"https:\/\/www.sage.com\/en-us\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/13852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/users\/1606"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/comments?post=13852"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/posts\/13852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media\/9108"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/media?parent=13852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/categories?post=13852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/tags?post=13852"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/business_type?post=13852"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/lilypad?post=13852"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/context?post=13852"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/industry?post=13852"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/persona?post=13852"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/imagine_tag?post=13852"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-us\/blog\/api\/wp\/v2\/coauthors?post=13852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}